Concept:Contribution allows multiple insurers covering the same loss to share the payment fairly.
Explanation:When a person buys two or more insurance policies that cover the same risk, each insurer is liable for the same loss.
The principle of contribution prevents the insured from profiting by claiming the full loss from every insurer.
Under contribution, all concerned insurers share the burden proportionally according to their policy amounts.
After one insurer pays more than its fair share, it may claim contribution from the other insurers to recover the excess.
This principle closely supports the idea of indemnity because the insured receives only the actual amount of loss, not more.
Among the given options, the correct principle is contribution.
Answer:D. contribution